Naive Realism and Flawed Perception
Naive realism is the tendency to believe that we perceive…
The Snippets Journal
By Shreesha
Read MoreNaive Realism and Flawed Perception
Why Anecdotes Beat Data
This is explained by the following 2 ideas: The Vividness…
Efficiency Breeds Fragility
In The Collapse of Complex Societies, Joseph Tainter argues: Societies…
Narratives, Hindsight, and the Illusion of Certainty
2 Ideas are associated with this: 1. Narrative Fallacy Meaning…
The Fragility of Learning from History
2 Important Ideas are associated with this point. Problem of…
Getting Actual Cashflows from Accounting Earnings
Since accounting is based on the accrual concept, accounting earnings…
The Black Swan Protection Protocol Philosophy
The Strategy The Philosophy There are 3 core principles: The…
The Ruin Problem
Meaning Not all Losses are Ruin Problems Why Ruin Problems…
Nail One Thing First — Then Scale, Expand, or Diversify
1. “People think focus means saying yes to the thing…
Cases Where Cashflows and Accounting Earnings Differ
Situation Which Is Greater? Reason Credit sales Earnings > Cash…